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Mosaic Insurance is ramping up its global growth plan with the opening of an office in Frankfurt to meet high demand for cyber and transactional liability coverage through continental Europe. The office marks the sixth for the Bermudian-based global ...

Relm Insurance Ltd, the Bermudian-based specialty insurance carrier serving emerging industries, has inked a strategic partnership with cyber-risk analytics firm CyberCube to bolster its cyber underwriting business with advanced analytics, artificial...

Insurance buyers want to purchase customised cyber threat coverage rather than an off-the-shelf product, a panellist told an international audience at the NetDiligence Cyber Risk Summit at Hamilton Princess & Beach Club. Benjamin Vaughn, senior vice-...

Scam artists are duping online customers into paying for purchases but then failing to deliver them, according to police. The Bermuda Police Service have received several reports of victims making payments online for items advertised for sale on seve...

Apollo, the independent specialist insurer and reinsurer, has entered into a partnership with Envelop Risk, who will underwrite a new class of cyber reinsurance business within Apollo Syndicate 1971, with effect from the 2023 year of account. This ne...

More than 50 experts in the cyber-risk and cyber re/insurance field are to feature at the 2022 Bermuda Cyber Risk Summit to be held November 16-17. The conference, presented by NetDiligence — the cyber assessment and data breach services company — wi...

Cyber-risk modelling company DeNexus is on the hunt for someone local to run their new office in Bermuda. DeNexus founder and chief executive officer José Seara told The Royal Gazette he had hired a recruiter and was interviewing candidates. “It is a...

Coalition, the San Francisco-headquartered provider of cyber insurance and security, has announced the formation of Ferian Re, an independent Bermudian-based Class 3B reinsurer that will provide capacity across Coalition's cyber programmes. Ferian Re...

Lloyd’s is restoring services after taking some systems offline in the wake of unusual activity on its network. In a statement on its website, Lloyd’s said: “Last week, unusual activity was detected on the Lloyd’s network. “As a result, the proactive...

DeNexus, the provider of next-generation cyber-risk modelling for industrial organisations, reinsurers and investors in insurance-linked securities, has taken it to another level. The company opened its Bermuda office this summer and is launching a n...

The world has been experiencing a cybercrime pandemic since March 2020, and things are only getting worse

Envelop Risk, the global specialty cyber underwriting firm, has launched Bermudian-based Envelop Capital Markets, a practice led by veteran underwriter and ILS specialist David Ross. The company said the practice, announced Tuesday at Rendez-Vous de ...